2-bedroom flat · RG7 3SW
Listing removedListed 436 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor retirement home - **no onward chain** A rare opportunity to purchase this lovely ground floor apartment in the centre of the village, close to all amenities, including doctors, dentist, coffee shops, local convenience stores and Mortimer Common.
Offered with vacant possession this lovely apartment, for the over 55`s has warden control is ideally situated within the heart of the village. There is also a laundry room on site.
The accommodation comprises, entrance hall, a living room with double doors leading out into the garden area where there is a patio.
There are two good sized bedrooms and a newly fitted modern shower room. The property has double glazed windows and electric heaters.
There is also plenty of parking and the area is very commutable with access to the nearby towns of Reading, Newbury and Basingstoke and motorway networks M3 and M4.
There is also a local railway station providing links to London Paddington and Waterloo. A regular bus service runs to and from Reading town centre.
West Berkshire council - Band C £2012.11 Electric economy seven, heating, mains sewage Lease - 61 Years Monthly service charge £283 disclaimer: The image shown has been digitally enhanced for seasonal marketing purposes and may not represent the property’s current external condition.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 3, Badgers Croft, Mortimer Common
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